Nuno Espirito Santo has been busy in the transfer market already this summer with 7 new signings secured, but it appears another arrival will be confirmed imminently.

According to BBC Sport, Wolves are set to complete the signing of Joao Moutinho from Monaco for a measly fee of just £5 million after spending 5 seasons with the French giants. Since joining Monaco from Porto in a £21.5 million deal, Moutinho has won the Ligue 1 title and wracked up 158 appearances in the French top-flight, but it appears he is ready for one final challenge at the top level.

The 31-year-old is something of a veteran in European football after more than 13 years of senior experience, and his esteemed history will certainly hold him in good stead to thrive in the Premier League.

After making his full senior debut in Liga Nos in January 2005 at just 18-years-of-age, Moutinho rapidly grew into one of the most highly-regarded young talents on the continent, but he continued to develop his craft at Sporting Lisbon for 5 seasons before moving to FC Porto.

During his 3 seasons with the Portuguese giants he helped the club win 3 straight titles in a row between 2011 and 2013 before moving to Monaco; his rich experience competing for titles could prove to be a valuable asset for the Wanderers next season.

Operating in the heart of midfield, Wolves fans can expect to see a playmaker of true quality who possesses the ability to single-handedly dictate proceedings with his composed approach to receiving and distributing possession.

After relying on Ruben Neves' ability in central midfield last season there's no doubt that Wolves were in need of a new talent to reduce the burden on Neves' shoulders, so their latest move in the market is certainly one which should give the club plenty of optimism ahead of the new season.

With rich experience at both club and international level, an extensive range of passing and a commendable level of consistency all to bring to the club for a small fee of just £5 million, there's no doubt that Moutinho has the potential to become Wolves' signing of the season.

Wolves fans - thoughts? Let us know below!